The pair defend the Edge network, with Jobs saying: "EDGE will be faster than people have read in the reviews. Some of the criticism of EDGE is more theoretical. Blackberrys use EDGE, and in many cases is slower, because our software is better."

There's also the question about whether the iPhone will change Apple. Jobs replies:

I hope it doesn't change Apple too much, we like it the way it is. We've got two strong legs on our chair today -- we have the Mac business, which is a $10 billion business, and music, our iPod and iTunes business, which is $10 billion. We hope the iPhone is the third leg on our chair, and maybe one day Apple TV will be the fourth leg.

Trivia point: In the transcription, Jobs refers to the operating system as "OS10". For the many Mac users who can't pronounce and can't spell the name of the Mac's operating system, the correct format is "OS X". ;-)